Top China airlines to ignore EU carbon tax, body says

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Source: BBC

China's biggest airlines will not pay a new European Union tax aimed at cutting carbon emissions, their trade body has said.

On 1 January, the EU brought airlines under its Emissions Trading Scheme (ETS), which levies a charge on flights based on their carbon emissions.

The tax has been criticised by China, India, the US and Canada. <snip>

Last year, it was claimed the plan could cost Chinese airlines 95m euros ($124m, £79m) in extra annual costs.


Read more: http://www.bbc.co.uk/news/business-16421117